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We’ve been predicting real-life examples of fundraising processes failing to achieve their goals, or even falling apart completely. Now we're starting to see these things coming into sharper relief.

Golde is transitioning out of daily dealmaking as Genstar pursues its largest fund target to date.

As growth gets muted, and LPs pull back on their commitment pacing, certain strategies may be out of favor.

The fund of funds platform, which includes commitments to venture funds as well as private credit, continues to operate.

The firm is among a handful of larger managers seeking capital in the stubbornly sluggish fundraising market this year.

With billions of dollars raised for the strategy, some question how many deals are left after so many firms have already participated.

There’s an expectation that tender activity will increase as GPs look for ways to deliver liquidity back to LPs as exits slow, and at the same time boost fundraising in the sluggish environment.

Tenders on paper seem to solve two issues at once – LPs in need of liquidity and quick fundraising momentum, yet LPs have proven reluctant to actually sell in recent tender offerings.

Fundraising timelines last year were the longest since 2010, when private equity was recovering from the financial crisis.

LP portfolio sales took the majority of total secondaries market share last year in a reversal from 2021.